Hello I want to ask is it advisable for a newbie on trading go for a propfirm challenge? please I need an opinion from you thanks.
Prop firm trading is certainly different from you doing ordinary trading in general, you don't need to use private funds, the company provides funds for you to trade, as far as I know Prop firm trading is indeed good to do for those who do not have the mode with the condition of sharing rewards with agreements.
The point is you have to join Prop Firm based on your choice, but you have to complete several stages of selection to be able to trade prop firm, such as qualification exams, access to capital Trading and finally you have an agreement in the profit sharing, in the process of trading prop firm if you have passed the selection you have the opportunity to trade prop Firm with company capital, as far as I know you and the company have a 70/30 agreement for me that is not a bad idea for those who are experts in trading without capital, you can try trading prop firm.